70.5
The maximum 403b contribution and catchup will stay the same for 2011. $16,500 + 5500 catch-up
No max for Roth...can contribute money into IRA forever. Non-roth have an age limit of 70 1/2
You can contribute to a Roth IRA after age 70.5 as long as you have earned income, but you cannot contribute to a traditional IRA after that age. For a 401(k) plan, it depends on the rules of the specific plan, but typically you can continue to contribute to it past age 70.5 as long as you are still working and the plan allows for it.
For the year 2013, the maximum contribution limit for a 401(k) account for employees over the age of 50 was $23,000. This consisted of the standard contribution limit for that year ($17,500) plus an additional catch-up contribution limit of $5,500 for individuals aged 50 and over.
Upper age limit refers to the maximum age at which a person is eligible for a particular opportunity or benefit. For example, some job postings or government programs may have an upper age limit for applicants.
The maximum 403b contribution and catchup will stay the same for 2011. $16,500 + 5500 catch-up
According to "My Money Blog" the maximum amount for a 403b increases to $16,500 for 2009. http://www.mymoneyblog.com/archives/2009/01/2009-401k-403b-maximum-salary-contribution-limits.html
17,500
yes
Yes, this is possible if you earn enough and the plans allow it. Your total contribution amount, 401k plus 403b can not exceed the $15,500 ($20,500 if over age 50) for 2008.
The 402g limit (Pre-tax deferral Maximum) for 2010 is $16,500.
No, the employer matching contribution does not count toward the $15,500 contribution limit for 2008. If you are over age 50 at any time in 2008, you can contribute an additional $5,000 to your 403b plan.
You can cash out your 403b, but expect tax penalties of up to 30% if you are under the age of 59 1/2.
Yes you can contribute to all three however the 401k and the 403b share the same elective deferral limit (402(g) Limit) of 16,500 plus 5,500 for over age 50. 457 have a different limit (it's call a 457 limit) plus a separate age 50 catch up (only for governmental 457 plans) so your totals are 16,500 plus 5,500 for 401k and 403b 16,500 plus 5,500 for 457. Total $44,000
Yes, but the contribution limit includes both, i.e., no more than $15,500 total in 2008 plus $5,000 "catch-up" if age 50 or over.
No max for Roth...can contribute money into IRA forever. Non-roth have an age limit of 70 1/2
The IRS just released the figures for 2011 and they will be $16,500.... unchanged from 2010.